Can Helio Protocol Realize the Promise of Liquid Staking? An Analysis of Binance’s $10M Bet
The open-source Helio Protocol has emerged as an innovative liquidity solution in decentralized finance (DeFi). The core objective of the protocol is to provide collateral for users who borrow its stablecoin, HAY. What makes Helio Protocol unique is its use of liquid staking of Binance Coin (BNB) to enhance the capital efficiency of the HAY
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